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Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

holds for the microeconomic response of some of the most important economic variables, such as investment, labor demand, and … actual response to shocks is less than half as fast as the estimated response. For investment, labor demand and prices, the …, even after aggregating investment across all establishments in U.S. manufacturing, the estimate of its speed of adjustment …

Persistent link: https://www.econbiz.de/10011609531

Adjustment is much slower than you think

Caballero, Ricardo J. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002114575

Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

Persistent link: https://www.econbiz.de/10001784947

Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

Persistent link: https://www.econbiz.de/10001794023

Adjustment is much slower than you think

Caballero, Ricardo J.; Engel, Eduardo - 2003

Persistent link: https://www.econbiz.de/10001796262

Inflation during the pandemic: what happened? what is next?

Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2021

We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR) model. We report three main results. First, the decline...

Persistent link: https://www.econbiz.de/10012584054